Western Union partners with Solana and Anchorage Digital to revolutionize global money movement.
Western Union has announced a bold step into the digital finance era with plans to launch its own U.S. Dollar Payment Token (USDPT) a new stablecoin alongside an innovative Digital Asset Network. The initiative is designed to connect the digital and traditional financial worlds, enabling real-world utility for digital assets.
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Built on the Solana blockchain and issued by Anchorage Digital Bank, USDPT will allow Western Union to expand its global money movement capabilities for customers, agents, and partners. The new stablecoin will also enhance the company’s treasury operations and support its mission of financial inclusion.
“This marks a significant evolution in how we deliver value,” said Devin McGranahan, President and CEO of Western Union. “As we move further into the digital asset space, USDPT allows us to own the economics linked to stablecoins. Our Digital Asset Network will bridge the gap between crypto and cash by enabling seamless off-ramps through our global infrastructure. Together, USDPT and this network will help make financial services more accessible to people everywhere.”
The Digital Asset Network will bring together Western Union’s vast global footprint, Solana’s high-speed blockchain technology, and Anchorage Digital’s regulated custody and stablecoin issuance platform. Users will be able to send, receive, spend, and hold USDPT through a simple, secure experience backed by Western Union’s trusted compliance systems.
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Western Union plans to make USDPT available in the first half of 2026, with distribution through partner exchanges to ensure broad access and usability. The company’s collaboration with Solana and Anchorage Digital reflects a shared commitment to modernizing financial infrastructure while maintaining rigorous regulatory and security standards.
The initiative could represent a transformative shift in how money moves across borders. By directly linking digital dollars to local economies, Western Union aims to create a system that is faster, more transparent, and lower in cost—bringing the benefits of blockchain technology to everyday financial services.
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As the world continues to merge digital assets with traditional finance, Western Union’s move positions it as a pioneer in making global digital transactions more inclusive, compliant, and efficient.
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